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Overcoming Industrial Inertia by Use of Open Innovation Technologies

In: Managing Open Innovation Technologies

Author

Listed:
  • Juho Lindman

    (Hanken School of Economics)

  • Tuija Heikura

    (Suomen Teknologiakeskusten Liitto TEKEL)

  • Petra Turkama

    (Aalto University School of Economics/CKIR)

Abstract

Industries develop at different paces. The constant environmental flux of information and communication technology companies becomes especially clear when comparing them with more traditional industries, in our case, the Finnish construction industry. The sector is dominated by a number of large industrial actors with established positions operating predominantly in the domestic or Scandinavian market. Based on our literature review and a round of key person interviews, this chapter categorises the different sources of institutional inertia in this particular industry. We build a research framework for defining the requirements for creating open innovation technologies that could accelerate structural changes in a traditional industry. First, sources of inertia are identified empirically. Second, we discuss a set of requirements for an open innovation technology which would be needed to overcome this inertia.

Suggested Citation

  • Juho Lindman & Tuija Heikura & Petra Turkama, 2013. "Overcoming Industrial Inertia by Use of Open Innovation Technologies," Springer Books, in: Jenny S. Z. Eriksson Lundström & Mikael Wiberg & Stefan Hrastinski & Mats Edenius & Pär J. Ågerfalk (ed.), Managing Open Innovation Technologies, edition 127, chapter 0, pages 165-178, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-31650-0_11
    DOI: 10.1007/978-3-642-31650-0_11
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